(Continued from page 282.) of them is tie loan question and the other is the Charhar quest Misunderstanding on the part, cour compatriots as well as foreign observers regarding the question of the League of Nations" economic and technical ce-operation with the Chi-ete Government, es mainly in the following respec Jenle. is teaved that such cooperation between the League and the Chinese Government will be deyogatory to the sovereign the Chinese Government as well serve as the first step to the joint fontrolof "china "EY the World "As a matter of fact, however, the only concrete economic assistance received by. the Chinese Government from foreign sources s0 far has been the Cotton and Wheat Loan. from the United States of America, and this has nothing to do with political questions as it is merely in the na-ore of a loan of commodities, How can. our sovereign rights, therefore, impaired by such a transaction?
is rumoured that besides the Cotton and Wheat Loan, the Chinese Government has also, obtained other loans from the U.S. Government. eis even said that " new Banking Consortium will "be. organised to handle the loans. "Now it-may be recalled that the 4-Power, 5-Power, and €: Power banking. consortiums in the past have been the cause of the extinction of the Ching Dynasty and subsequently also of the internal ti rife. inthe. Republican regime. How' can, in this background, We ever consent to such a Consortium das, moreover, cabled us to the fol-"The Finance Minister, Ins, Soong, Towing effect: ' In the first place, the U.S. Cotton and Wheat Loan is not political nature at all. In the place, the loan was' included initiative of the Chinese Gov-
'Taking the above points into consideration, how can' we maintain that the loan will impair our sovereign rights or lead to the Joint control of our "country, the League members? The allegations against the loan are really irrelevant. 2
Text read from the printed page and cleaned; old type leaves the occasional error.